RECAP: Asian stocks rose to a seven-month peak on Friday as investors cheered the prospect of an imminent interest rate easing cycle led by major central banks, keeping the dollar and Treasury yields under pressure.
Thai shares moved in a range of 1,350.98 and 1,386.58 points this week, before closing yesterday at 1,386.42, up 1.4% from the previous week, with daily turnover averaging 40.12 billion baht.
Retail investors were net buyers of 2.87 billion baht, followed by institutional investors at 2.31 billion. Foreign investors were net sellers of 4.21 billion baht, followed by brokerage firms at 962.9 million.
NEWSMAKERS: US interest rate reductions will “likely be appropriate” later this year, Federal…
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